$BTC short-term price movement is influenced by several factors:

Technical Indicators: Bitcoin is currently within a horizontal trend channel in the short term, indicating potential stability or continuation in its current price direction.

Political Developments: The anticipation of pro-crypto policies under President-elect Donald Trump's administration, such as the creation of a strategic Bitcoin reserve, could positively impact Bitcoin's price.

Market Projections: Analysts have set short-term price targets, with some expecting Bitcoin to reach approximately $108,422, and potentially $120,000 if demand increases.

However, it's important to note that Bitcoin's price is subject to high volatility, and unforeseen macroeconomic factors or policy changes could influence its trajectory. Therefore, while the outlook appears optimistic, investors should remain cautious and consider the inherent risks associated with cryptocurrency investments.